New Investor Looking to Buy in Tacoma/South Seattle

[Zach Pepin]

Hello BP family, 

I moved to the South Seattle area for a job about a year ago from Texas and have established myself enough to start looking for investment properties. I can afford up to the 525k range with conventional/FHA financing for a SF home, a MFP could bump up my budget depending on the number of rentable units that could be counted towards income.

I am open to anything in the PS region between south of Seattle and Tacoma. I am open to househacking a MFP or doing a rent-by-room situation if the home has the correct bed/bath ratio. I do have some minor contracting/home improvement experience and can do many surface level projects myself. 

I almost closed on a property a few weeks ago but investigated some foundation concerns and discovered some major issues due to neglect and had to back out. I would like to buy soon before the market heats up which I can already see signs of.

I am curious how others in the region are finding deals and if any has advice for someone in my position? Anyone looking to sell in my price range? 

Thanks, 

Zach